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About Ariba Spend Management

Ariba Spend Management is a spend management software solution that reduces supplier-related costs through collaboration and communication. The program starts out by analyzing all purchasing data and putting it through a number of BI tools and models. Users can then determine which types of items they should be procuring, search for them through a supplier database and view finalized cost proposals.

If users come to an agreement with a supplier, the system can finalize a contract and store it for future reference. The product can monitor all suppliers for performance issues, and users can continue to find ways to offload risk and save money. Lastly, Ariba Spend Management can enforce compliance with industry standards during all supply chain transactions.

About Ariba
Ariba began in 1996 and is headquartered in the Bay Area. The company services over four million end users, and 50 percent of the Fortune 500 use Ariba products.